The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-01-07

NEW YORK, January 6. Money on cali
easy at 46d6 per cont, last loan at 4, closin g
offered at per cent. Primo mercantile pa
per 6a7 per cent Sterling exchange active
and strong at 1901 for sixty day bills and
Bsnds-Government bonds were dull
and steady. state bonds were dull and
steady.
Stocks-Tha stock mar ket showed much
more activity than that Of yesterday, and the
upward move sent IN IN prices mede fu 5.is1
AZ the opening, but the buviug soon turned
the course o. affairs, and especially among
the coal stocks. Western Union and 81.
Paul and Omaha were remarkably good The
news of tn day was neutral in its character,
though al the earnings repor OF were favor
able. Tn market was still neutral one,
though some European buying was noticed
late in the day. This, with the extensive
covering of shorts, save buoyant tone TO
the dealings n tho afternoon, and the ad-
vance was stopped only by the sound OF tle
gong. Tho cOal st 'cks were the special fea-
lures, notably Jersey. Central and Reading.
The purchases in the latter are
t qTd0qS dy GF stories IN P0G regard 'n to
them We c all Of favorable nature There
has been considerable selling of Union Pa-
cifc for foreign qco0unt and today IT vas in
g cd demand in the loan room, bat like the
Wabash s., which were special objects for
bear attacks early in the day, 1t recovered
and il mate tally higher this evening.
Western Union and st. Paul were especially
benefited by the covering of short contracts
The opening Sas generally weak, the de-
sline7 from last evenings final figures rang
ing from n to q, The business was only
moderate and before noon became dull.
Further slight declines were made in the
early t,sdiag, but the market soon rallied
and prices we're brought up small fractions
above opening figures. They rem lined in
thst neighbOrhoOd until atter IL o'clock
when the upward movement gathered
force, accompanied by greater activity,
wi slight interruption. The advance
continue until the close, which was quie
but strong at or near the best figure Of the
day. sale, S32. 75S hlTes Re ding, 81 1885 ;
Omaha, % Ia; st. Paul, % $50; Union Pa
cifc, 1850; " estern Union, II ,295. Every
thing on the active list IS higher. Tennes-
see Coal is u 3 per ce It., Omaha, "a: Jer-
ssy Cent-al, 2; Reading, IA; West Point,
ia; st Paul. l9S: Nor hweste and West.
ern Union | CHI. Railroad bonds showed a
little more activity, though prices ware IT.
regular thrCushout Sales we're: 81 ,539, 900,
Of which West shore iou's furnished 1854 ,OOC
aud Nickle Plate receipts s2S7 900. Hocs inO
Valley general mortgage rose "a, 10 81; New
JeIsey M dlsnd 6rsts 2, 10 III; Lake Br e
and Wes.ern Sandusky incomes 6H, 70 30;
Ohio S uthern incomes 81, to 46, Mexi-
can Central frsts lost Q, to So; Wabash
general trust receipis2, to s.
The tOlal sales OF stocks today were 332,
75S shares, inclu ling Delaware, LackaWannl
and Western, II, OOJ; Erie $3.50: Kansas and
Texas, 3i9J; Lake Shore, 6925 louisvill,
and Ma hviIle, 10 S25; Memphis and Charles
ton, 500 New Jersey Central, 1860; Read
ing, Sl.3S5; s., Paul, % 50; St. Paul auC
omha, %, 40; Texas and Pacific, tassessSS
ment paid, 9230; Union Pacific, 1850
Western Union, 1895; " abash Pacific, 1925
Northern Pacific preferred, 1900. CLOSING
quotations:
GOVERNMENTS.
US, So, 100. a., coup, l261{
llSs, coup, 1917. Pacific 6s Of 1886, l24i4
BONDS.
La. stamps, As, 500. Missouri IS, 100.
Cent. Pac lists, ll4z Den h r G.. lists, l191
D.&R.GW lsts,7 Eric Ids, $50.
NIX al. N is. 1905 North. Pac lets, ll6&
North. pao. Dds 1917 N. Western con. 40.
INVEST deb 5s,1Os% St. Us. Z zen NJ l0.
St. Paul con, 1898 st.P CAP lists. ll6A.
TIP. land grants,6l. T.P.R G.ex cou,1l.
q. P. lsts, 1l4A. West Shore, Joys,
Tenn. Is, set mt,l lem IS, setmt, lOO.
Tenn. 81, set mt, 7Sh.
STOCKS.
Adams Express, 1S9. MOrris&B., on 1881